Banking & Savings IPOs » By The Online Investor Staff, updated Mon., Jul. 22, 8:24 AMRecent initial public offerings in the Banking & Savings IPOs category.
| This Slide: #1 of 29 |
Slide #1. CapStar Financial Holdings, Inc. — Initial Public Offering
Company:
CapStar Financial Holdings, Inc.
Proposed Symbol:
CSTR
Shares Offered:
2,585,000
Price Per Share:
$15.00
Over-Allotment:
387,750
Description:
CapStar Financial Holdings, Inc. ("CapStar" or the "Company"), announced today the pricing of the initial public offering of 2,585,000 of its common stock, including 1,300,299 shares to be sold by the Company and 1,284,701 shares to be sold by selling shareholders, at a public offering price of $15.00 per share, which is expected to result in aggregate gross proceeds of approximately $38.8 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $16.6 million. The underwriters have the option to purchase up to an additional 387,750 shares of common stock from the Company within the next 30 days. The shares are expected to begin trading on Thursday, September 22, 2016, on the NASDAQ Global Select Market under the ticker symbol "CSTR."
